Pakistan’s Economy Shows Positive Signs, Says PM Shehbaz Sharif

Islamabad: On October 17, 2024, Prime Minister Shehbaz Sharif highlighted the collaborative efforts of political parties and institutions contributing to Pakistan’s economic recovery during a banquet in Islamabad. The event, which honored senators from government and allied parties, served as a platform for the Prime Minister to assert the nation’s economic upturn and diplomatic achievements.

According to Ministry of Information and Broadcasting, Prime Minister Sharif commended the unity and sacrifices of the political entities and the people of Pakistan, which have been pivotal in navigating the country through past adversities. He emphasized the collective drive towards a prosperous Pakistan and pointed out significant economic improvements that indicate a positive trajectory for the nation.

The Prime Minister detailed that the concerted efforts had resulted in a marked reduction in inflation and a notable increase in remittances, which are signs of growing economic stability. Remarkably, he mentioned that Pakistan has already met its economic targets for 2025 ahead of schedule, underscoring the successful implementation of its economic policies.

In his speech, Prime Minister Sharif also lauded the recent SCO meeting hosted by Pakistan as a major diplomatic success that has enhanced the country’s international standing. This event, he noted, is a testament to Pakistan’s strengthened diplomatic endeavors and the effective foreign policy pursued by his administration.

The banquet not only celebrated these achievements but also reinforced the government’s commitment to sustaining economic growth and stability, aiming for continued improvement in the lives of its citizens.